High Crude Prices Contributed to A Decline for Each of the 3 Majors This Week
All 3 major indexes lost value on the week as the price on crude oil for future delivery closed at $125.96 per barrel.
For the week, the DJIA dropped 312.32 points (-2.392%), the NASDAQ Composite Index lost 31.47 (-1.27%), and the S&P 500 Index fell by 25.62 points (-1.812%).
Summary of The U.S. Markets for Today:
----------------------------------------------------------
DJIA: Closed @ 12,745.88 (-120.90)
NASDAQ: Closed @ 2,445.52 (-5.72)
S&P 500: Closed @ 1,388.28 (-9.40)
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NYMEX Crude Oil Future closed @ $125.96/barrel
NY Spot Gold closed @ $884.00/ounce
In New York, The U.S. Dollar buys 0.6459 Euros
In New York, The Euro buys 1.5482 U.S. Dollars
The Federal Funds Target Rate is 2.00%
10-Year Treasury Note Yield is currently @ 3.767%
Summary of The U.S. Markets for Today:
----------------------------------------------------------
DJIA: Closed @ 12,745.88 (-120.90)
NASDAQ: Closed @ 2,445.52 (-5.72)
S&P 500: Closed @ 1,388.28 (-9.40)
----------------------------------------------------------
NYMEX Crude Oil Future closed @ $125.96/barrel
NY Spot Gold closed @ $884.00/ounce
In New York, The U.S. Dollar buys 0.6459 Euros
In New York, The Euro buys 1.5482 U.S. Dollars
The Federal Funds Target Rate is 2.00%
10-Year Treasury Note Yield is currently @ 3.767%
Labels: djia, nasdaq, s_and_p_500, stock_market, stocks, weekly_numbers
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posted by Steve Brown | 5/09/2008 11:00:00 PM
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